New Incentive to Pursue an Association Career
Recruiting recent graduates to association careers just got a little easier. In case you missed it, there is a valuable provision in the new College Cost Reduction and Access Act that directly benefits association employees--forgiveness of college loans. For those who qualify, their monthly payments are reduced and the balance of their debt is forgiven after ten years.
According to the October 11 Wall Street Journal article, New Incentives May Bolster Public Service, "The legislation broadly defines public service to include a wide range of occupations, such as public health, public education, working for a nonprofit organization and serving in law enforcement or as a public-interest lawyer."
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Comments
Not surprisingly, the package doesn't benefit those who take jobs in 501(c)(6) organizations. Funny, (c)(6)'s often get lumped into the government's actions against charities, but they are left out of this action.
Posted by: Ben Martin | October 12, 2007 3:33 PM